Chinese economy grows at a 5.2% annual pace in April-June quarter despite trade war

China has reported that its economy slowed in the last quarter as President Donald Trump's trade war escalated, but it still expanded at a robust 5.2% pace

China's economy slowed in the last quarter as President Donald Trump’s trade war escalated, but it still expanded at a robust 5.2% pace, the government said Tuesday.

That compares with 5.4% annual growth in January-March. The government said Tuesday that in quarterly terms, the world’s second largest economy expanded by 1.1%.

In the first half of the year, the Chinese economy grew at a 5.3% annual pace.